271 Curtner AVE, Palo Alto, CA 94306
- $2,960,000
- 3,986
- SqFt
Listed by Bryan Danforth, 650-274-5227 from Newmark Cornish & Carey
(If provided) CoList: Matthew Thomson from Newmark Cornish & Carey
Sold listing courtesy of Matthew Thomson from NEWCC
- Sold Price
- $2,960,000
- List Price
- $3,150,000
- Closing Date
- Sep 11, 2023
- MLS#
- ML81920761
- Status
- SOLD
- Sqft. of Residence
- 3,986
- Lot Size
- 7,997
- Listing Area
- Ventura
- Year Built
- 1958
Property Description
ATTRACTIVE SELLER FINANCING AVAILABLE! Two units currently vacant allowing a new owner to add value immediately by renovating and re-renting those units at higher rents. 6-unit apartment building in the heart of Silicon Valley in a great Palo Alto location. 1.5 miles from Stanford University, less than a mile from the Stanford Research Park, and 1 mile from the California Ave Caltrain Station. The property has one large 2-bed, 1-bath owner's unit with private balcony and fireplace, five 1-bed, 1-bath units, and a storage room/nonconforming studio ADU which could be expanded and made into a legal ADU. Perfect for an owner to live in the front unit and rent out the rest. Well maintained units with minimal deferred maintenance, but huge upside in rents in their as-is condition, or through renovation. New water heater, all copper plumbing and dual pane windows. ADU potential by converting some of the tuck-under spaces into a new unit.
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Additional Information
- Acres
- 0.18
- Age
- 65
- Cooling System
- None
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter
- Garage Parking
- Assigned Spaces, Covered Parking
- Heating System
- Central Forced Air, Wall Furnace
- Laundry Facilities
- Coin Operated, Washer / Dryer
- Living Area
- 3,986
- Lot Size
- 7,997
- Neighborhood
- Ventura
- Other Rooms
- Storage
- Other Utilities
- Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- RM4
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